CTCN

Overview of CONTRACOIN(CTCN)

Contracoin (CTCN) is a type of cryptocurrency that aims to simplify the process of purchasing real estate properties globally. It is a decentralized form of digital currency, operating on blockchain technology, providing a seamless and efficient tool for real estate transactions. Reliable and efficient, Contracoin (CTCN) operates on the Ethereum blockchain.

The Ethereum-based platform promises transparency and security, features that are essential for property transactions. As part of the Contracoin's model, 5% of all profits earmarked for social housing projects worldwide — a pledge to contribute back to the communities it serves. This feature is a distinguishing factor, as few cryptocurrencies have dedicated social causes.

Contracoin (CTCN) is also noteworthy for its global accessibility, making it theoretically available to users worldwide. Holders of CTCN tokens can use them to purchase property or acquire additional tokens through cryptocurrency exchanges.

Pros and Cons

CTCN Price Prediction

Over the coming decades, CTCN's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.7455 and $1.44. In 2040, our forecast suggests CTCN could reach a peak price of $2.98,with a potential minimum around $2.35.Looking ahead to 2050, technical analysis indicates that CTCN's price could range from $2.38 to $4.30,with an estimated average trading price of about $2.33.

What Makes CONTRACOIN(CTCN) Unique？

Contracoin's innovation lies in its specific focus on the global real estate market. Many cryptocurrencies are general-purpose in nature, but Contracoin targets a specific sector with an aim to simplify and enhance real estate transactions. By applying blockchain technology to the property market, Contracoin proposes to streamline the process of buying and selling properties worldwide, bringing increased transparency, security and efficiency.

Furthermore, Contracoin distinguishes itself with a social cause. It pledges to allocate 5% of its profits for social housing projects worldwide. This combination of a specific market focus and social contribution makes Contracoin stand out in the broad spectrum of cryptocurrencies.

However, the fact that Contracoin is dedicated to a particular sector also means that its application scope might be limited compared to more versatile digital currencies. As with all other types of cryptocurrencies, Contracoin carries potential risks due to the inherent volatility of the crypto market and should be invested in with caution after thorough research.

Price of Contracoin (CTCN)

As of November 8, 2023, the circulating supply of Contracoin (CTCN) is 51,024,030.5 CTCN. The price of CTCN has been fluctuating significantly over the past few months, and is currently trading at $0.02703 per (CTCN USD) with a current market cap of $1.38M USD. 24-hour trading volume is $56.68 USD.

How Does CONTRACOIN(CTCN) Work？

Contracoin (CTCN) operates on the Ethereum blockchain, leveraging the smart contract feature to automate real estate transactions.

When a user chooses to buy a property using Contracoin, the monetary value transacted is represented by the CTCN tokens within the Ethereum blockchain. These tokens are held in a Smart Contract, which is essentially self-executing contract with the terms of the agreement directly written into code. This code controls the execution, and transactions are trackable and irreversible, providing transparency and security for both parties involved.

As an Ethereum-based crypto token, Contracoin can be used within the Ethereum ecosystem for any transactions involving real estate assets. The involved parties can complete and verify transactions seamlessly on the blockchain without needing intermediaries.

Moreover, Contracoin commits to distribute 5% of its profits to fund social housing projects, showcasing its blend of technology with corporate social responsibility.

It's essential to note, as with any cryptocurrency, Contracoin is subject to the typical volatility and risk factors found in the crypto market, and its performance is highly dependent on the overall performance and stability of the Ethereum blockchain.

Exchanges to Buy CONTRACOIN(CTCN)

CTCN is currently listed on a limited number of exchanges, but is expected to be added to more exchanges in the near future. Here are some of the exchanges where you can purchase CTCN:

• ProBit
• P2PPB2B
• CoinBene

Remember, before using any exchange to buy Contracoin or any other cryptocurrencies, you should perform your own research to consider fees, security, and user reviews. This is to ensure the platform fits your needs and offers the level of safety you require.

How to Store CONTRACOIN(CTCN)？

1. Software Wallets: These are types of wallets that are downloaded and installed on a device (like your computer or smartphone). Examples of software wallets that support CTCN include Metamask and MyEtherWallet.

2. Hardware Wallets: These are physical devices that can hold cryptocurrency and are considered one of the safest ways to store your tokens. Ledger and Trezor are two examples of hardware wallets that support CTCN.

3. Online Wallets: These wallets are accessed through a web browser. Many online wallets support ERC-20 tokens and hence can store CTCN.

4. Mobile Wallets: Specifically designed for convenience, these wallets operate on your mobile device, offering quick and easy access to your CTCN coins. Examples include the Trust Wallet and the Enjin Wallet.

5. Paper Wallets: Quite literal in name, these wallets involve printing out the token's public and private keys on paper for safekeeping.

Before selecting a wallet, it is important to consider factors such as security, convenience, accessibility, and the user's technical expertise. Always remember that the safety of your tokens is largely dependent on how well you protect your private keys.

Should You Buy CONTRACOIN(CTCN)？

Contracoin (CTCN) is suitable for a range of individuals, depending on their specific needs and interests. Those who might consider investing include:

1. Real Estate Enthusiasts: Since Contracoin focuses on real estate transactions, it might attract individuals who are active in the property market, or those looking to invest in properties around the globe.

2. Social Impact Investors: With Contracoin pledging 5% of its profits to social housing projects globally, socially conscious investors may be drawn to this opportunity to combine their investment strategies with significant social impact.

3. Cryptocurrency Investors: Contracoin might be an interesting addition to the portfolio of value-driven cryptocurrency investors. Remember that all investments carry risk, and caution is required.

Before purchasing Contracoin or any cryptocurrency, individuals should conduct thorough research and consider the associated risks. Cryptocurrencies are highly volatile and vulnerable to market changes. It's advised to only invest the money that one is willing to risk. Further, potential investors should understand how to properly secure their cryptocurrency, including the use of proper wallet technology and safety measures to protect against theft or loss. For novice investors, it might be beneficial to seek guidance from financial advisors with experience in cryptocurrencies. It's also crucial to stay updated on regulatory updates in one's country as the legal landscape of cryptocurrencies can change rapidly.